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individual welfare would be directly affected by policy measures designed to make consumption sustainable. Such policy measures … are likely to also trigger indirect welfare losses by negative employment effects. The policy debate therefore needs to … pay attention to both direct and indirect welfare effects. As a concrete proposal a redesign of consumption taxes is …
Persistent link: https://www.econbiz.de/10010286752
Strong growth in disposable income has driven, and is still driving, consumption to unprecedented, but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral theory of consumption is suggested and discussed with...
Persistent link: https://www.econbiz.de/10010286761
appear to be wasteful in terms of well-being or welfare. Within settings displaying preference endogeneity, it is however …
Persistent link: https://www.econbiz.de/10010286756
This paper contributes to the study of projects networks - as a particular type of interorganizational networks - by looking into the mechansims that are able to bind or even lock-in customers into interorganizational relations. The study is set in the field of television production
Persistent link: https://www.econbiz.de/10014195260
One might think that bribery is always unethical. Studies by the Organisation for Economic Cooperation and Development discourage the practice and a number of other studies have viewed bribery in negative terms. However, a closer examination of the issue reveals that the question of whether...
Persistent link: https://www.econbiz.de/10012959975
explore the properties of our models and evaluate the extent of “errors” in assessment of preferences, economic welfare …
Persistent link: https://www.econbiz.de/10011650362
Persistent link: https://www.econbiz.de/10012656999
Peer influence through word-of-mouth (WOM) plays an important role in many information systems but identification of causal effects is challenging. We identify causal WOM effects in the empirical setting of game adoption in a social network for gamers by exploiting differences in individuals’...
Persistent link: https://www.econbiz.de/10010467832
We analyze the profitability of third degree price discrimination under consideration of consumers' fairness concerns within an experiment and explain the results within a theoretical framework. We find that with an increase in the price differential negative reciprocal reactions by...
Persistent link: https://www.econbiz.de/10009490190
Observed competitive market profit margins in insurance have generally exceeded what is considered fair being the CAPM adjustment for risky loss cashflows. This potential ‘missing link’ has attempted to be explained by either risk, capital or frictions that are unrecognised by the theory. It...
Persistent link: https://www.econbiz.de/10014350630